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Retail

London Designer Outlet reports its strongest year of trading in 2023

London Designer Outlet (LDO), located at Wembley Park, recorded its strongest year of trading ever in 2023, hitting 99 million pounds in sales. Bargain-hunting Londoners lifted total sales throughout December at LDO to 11.2 million pounds, with Boxing Day confirmed as its best trading day ever, as footfall on December 26 increased by 11 percent...

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RetailFeatured

UK Boxing Day footfall falls -15.3 percent compared to pre-Covid levels

Signs of an upbeat retail sector over the holiday season has received mixed reports. While some online stores have seen business booming, others, particularly in brick and mortar, saw a decline in shoppers. Footfall data from retail intelligence analysts RetailNext Inc. shows in-store footfall in the UK on Boxing Day was down by -15.3 percent...

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